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20121201
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>> just about 42 after the hour. i'm arthel neville. this is update on breaking news story out of newtown, connecticut, where 26 people including 20 children are dead in one of the worst mass murders in our nation's history. president obama deliver ad statement last hour saying the u.s. has been through shootings like this too many times and meaningful action will have to be taken regardless of politics. the president also ordered the u.s. flag be flown at half-staff at all public buildings and grounds including the white house in honor of the victims. sources have identified the gunman as 20-year-old adam lanza. after initial information mistakenly pointed to his older brother. he is originally from newtown, but was living in hoboken, new jersey. apparently lanza took his own life. we'll keep you updated as more information becomes available. our hearts and prayers go to the victims and their families liz: looking for alternative places to invest if you're too worried about stocks? maybe you should consider investing in a pop icon. the rights to all the episodes of what's on your screen,
%, but also provided a downgrade to neutral, this is the reason why. the analyst explicitly saying the newtown tragedy provides pressure on stricter gun laws. the ban of sales of assault rifles and magazines with overhang of the congressional gun debate going on. it will be very interesting to watch how these gu gunmakers and manufactures do with everything going on around us. we did see a nice comeback for smith & wesson today. david: let's take a look at them right now, the numbers for bed, bath, and beyond? liz: looking at a name they were waiting to see what margins were here. the stocks are trending at the moment. cse $1.75 for the outlook, that maybe what it is getting people little bit spooked. as you see, this is a big drop after the minute they came oof e headlines, when their modeling the net earnings per diluted share to increase approximately 12%, analysts looking at those saying what about that. authorizing a new share repurchase program about $2.5 billion. david: we have an analyst watching, what do you think of these numbers? the numbers don't like it after hours. >> coming into
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